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Text Chapter 1192 The beginning of the oil price collapse?

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    The car that came to pick up Xiao Qi was replaced by a car from PetroChina Capital Branch.

    The actress is now in Lin'an and has started filming "If You Are the One 2". Although the location is still chosen in the summer, which corresponds to the cold Hokkaido in the first episode, the script is much better than the crudely crafted second episode in her previous life.  , Xiao Qi read the script and felt that it was not inferior to the quality of the first episode.

    The second sequel of "Gong Lock Heart Jade", "Gong Lock Bead Curtain", is also starting to be intensely filmed, and preparations for the fashion idol drama "The Defense of Marriage" have also begun.

    For a film and television company as small as Kiwi, if it wants to produce two TV series and a movie at the same time, it is really stretched in terms of manpower and resources. If it hadn't borrowed a lot of manpower from Baoyu, I'm afraid it would have collapsed.  .

    Even so, Xiao Jiawei, Zhu Hong and others are also very busy.

    Relatively speaking, the boss, Miss Qiao Guoer, has an optimistic personality. After leaving the matter to the people she trusts, she becomes a hands-off shopkeeper, which naturally makes her feel much more relaxed.

    When Xiao Qi came to the capital this time, he naturally called her in advance. The charming girl was not the kind of woman who couldn't live without her boyfriend for three days, so she didn't have any special regrets.

    Jiang Dahai brought a total of five cars, all of which were Mercedes-Benz commercial vehicles. The car Xiao Qi and Tang Mingxiang were in was in the middle of the convoy. Opposite the seat was a fat middle-aged man with a frowning face.

    "Mr. Jiang, aren't you going to be the general manager somewhere else? Why do you look so sad? Are you being sent to Qianzhou?" Xiao Qi asked jokingly.

    From the moment he got in the car, Jiang Dahai had been deliberately frowning, and naturally he had a lot to say to Xiao Qi.

    Now that Xiao Qi brought up the subject, Mr. Jiang naturally gave a bitter smile and said, "Qi Shao, I don't believe you are not nervous. You have bet 5 billion US dollars in chips!"

    "Five billion US dollars?" Xiao Qi thought for a moment and suddenly realized: "You are talking about oil futures!"

    Jiang Dahai¡¯s eyes almost popped out of his head: ¡°Don¡¯t say you don¡¯t know!¡±

    "What do you know?" Xiao Qi asked.

    "A few days ago, it was about to break through 80 US dollars per barrel, but after entering August, the price began to fall. In the past two days, it dropped as much as 2 US dollars. We as a whole at PetroChina are panicking!"  Jiang Dahai stared at Xiao Qi and said, "Master Qi, what have you been busy with recently? Are you not nervous or worried about such a big thing?"

    "Oh, that's right, I know." Xiao Qi nodded, "It doesn't matter if it falls slightly after it has been rising for so long. Why should you be nervous?"

    "But since the resignation of the president of Bear Stearns a few days ago and the declaration of bankruptcy protection by the American real estate investment trust American Home Mortgage Corporation, the financial situation in the United States is now tense. It seems that many financial companies cannot hold on, and the price of oil  How can we hold on?" Jiang Dahai almost cried: "Qi Shao, if the oil price plummets, the more than 1.2 billion barrels of oil we bought will suffer huge losses!  live?"

    The purchase trajectory of PetroChina was all decided upon by Xiao Qi and Cao Zhichong.

    From March to now, they have bought a total of more than 1.2 billion barrels of oil, using spot and futures methods. Now it has been stored in coastal cities, or is being shipped one after another.

    One barrel of crude oil is usually more than 150 kilograms. Generally, 7 barrels equals the weight of 1 ton. More than 1.2 billion barrels equals about 170 million tons. Calculated based on the average price of 62 US dollars per barrel, the purchase price of PetroChina is 75 billion US dollars, plus  The cost of transportation and storage can directly exceed 78 billion U.S. dollars, occupying almost all of PetroChina's cash flow, and it even needs to borrow 20 to 30 billion U.S. dollars from the National Development Bank.

    Not only PetroChina, but in the past few months, the three giants Sinopec, CNOOC, and China National Aviation Oil have also purchased a total of more than 2.7 billion barrels of oil. The four companies add up to 4 billion barrels, totaling 572 million tons of terror.  in stock.

    In the field of oil distribution, PetroChina, Sinopec, and CNOOC are the three giants. However, if you add the consumption field, China National Aviation Oil, which supplies 80% of aviation oil, is also a super oil hog, so Niu Ruzheng asked them to join in.

    At the beginning, everyone was very cautious, but after oil prices continued to rise in June, the three giants also accelerated the pace of purchasing oil. The super inventory of more than 2.7 billion barrels was also something they had never experienced before.

    You should know that in 2006, China's total oil consumption was only 320 million tons, of which self-produced crude oil accounted for 60%, which means that it only imported 128 million tons last year.

    Based on the current inventory of 572 million tons, no matter how the economy grows, there will be no problem in two to three years.

    If the price of oil really keeps rising, then China¡¯s oil prices willThe oil industry has made a fortune during this rising crisis, and those who implement this plan will receive generous rewards.

    But if the subprime mortgage crisis is really serious and oil prices suddenly turn downward, then there is no doubt that it will be a huge disaster.

    The subprime mortgage crisis is now a foregone conclusion. During the financial crisis, oil prices will continue to fall due to falling demand. This is an iron law. Therefore, in the eyes of many people, the current price drop is the beginning of the crash.

    Once it collapses, the damage to China¡¯s oil industry will be absolutely catastrophic!

    Involving tens of billions of dollars in losses and decision-making errors, not to mention the giants in the oil industry, even Niu Ruzheng will have to carry a lot of connections. It is impossible to retreat to the second line, but the position of deputy prime minister next year will probably be  It's a bit dangerous.

    If it really comes to that point, Cao Zhichong, who is the most active in hoarding oil, will definitely be the biggest scapegoat. He will definitely be punished to the end. Like the general manager of China Aviation Oil who was sentenced in Singapore, he will spend several years in prison.  Year, it is not unimaginable - China National Aviation Oil only lost 550 million U.S. dollars that time. Now Cao Zhichong is facing a huge danger of tens of billions of dollars!  !

    Jiang Dahai is Cao Zhichong¡¯s absolute confidant. If Cao Zhichong collapses, Jiang Dahai will also collapse. Let alone being transferred to a prosperous province as the leader, or safely relegating to the second line, I¡¯m afraid it will be a problem.

    Being able to ascend to the position of chairman of PetroChina, Cao Zhichong is naturally ambitious and can be stable, but Jiang Dahai is a little unsteady.

    There is no other reason. The amount involved this time is really too big, more than 570 billion yuan. Once it collapses and loses money, no company can bear it!  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
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